Goldman Sachs Nearly Bankrupted AIG
Goldman Sachs wasn't the only contributor to the systemic risk that nearly toppled the global financial markets, but it was the key contributor to the systemic risk posed by AIG.
Goldman Sachs wasn't the only contributor to the systemic risk that nearly toppled the global financial markets, but it was the key contributor to the systemic risk posed by AIG.
Charles Gasparino | Posted 11.09.2009 | Business
The only thing worse than Goldman Sachs amassing billions in bonus money for its executives, based on various government subsidies and bailout measures, is listening to it try to explain it all away.
Allison Kilkenny | Posted 10.22.2009 | Politics
The Times shows its agenda when it refers to the not-yet-existing AIG bonuses slashes as "the humbling downfall of the once-proud giants" while all those pesky citizens won't stop with the "populist animosity."
Reuters | Posted 10.17.2009 | Business
NEW YORK (Reuters) - As shares of bailed-out banks bottomed out earlier this year, stock options were awarded to their top executives, setting them up...
Nathan Lewis | Posted 08.08.2009 | Business
Goldman has been making its money somewhat like a hedge fund: by buying and selling securities in the secondary market for profit. Why this activity should be government subsidized, I don't know.
Bloomberg | Christine Harper | Posted 08.22.2009 | Business
NEW YORK, Jul 22, 2009 (BUSINESS WIRE) -- The Goldman Sachs Group, Inc. (NYSE: GS) announced today that it has redeemed the warrants the U.S. governme...
AP | Stephen Bernard, AP Business Writer | Posted 08.14.2009 | Business
NEW YORK (AP) -- Goldman Sachs is emerging as the king of post-meltdown Wall Street. Already the most powerful U.S. financial company before the cr...
Financial Times | Posted 08.13.2009 | Business
Executives at Goldman Sachs sold almost $700m worth of stock following the collapse of Lehman Brothers last September, according to filings with the S...
Financial Times | Saskia Scholtes and Francesco Guerrera | Posted 05.31.2009 | Business
Goldman Sachs, one of the 19 banks given preliminary results of the US government's stress tests on Friday, on Wednesday sold $2bn of bonds without a ...
New York Times | ANDREW ROSS SORKIN | Posted 04.23.2009 | Business
Any good news these days -- not that there is much -- seems to come with an asterisk. The market is popping, but, as some bears ask, is it just a setu...
abcnews.go.com | Posted 01.17.2009 | Business
Banks that were rescued with billions of dollars in public funds have, in most cases, refused to provide specifics about how they have used or intend ...
Janet Tavakoli | Posted 11.17.2009 | Business